Robert Reich has written an article headlined "Britain's Austerity Recession." In it he laments his own created fact that the reason for Britain slipping into a recession recently is due to their austerity; better known as Budget Cuts. But his claim is a blatant lie. Here are the numbers: The 2008 U.K. national (excluding local) Budget was £426 billion. It rose to £496 billion in 2010, and the new and current 2012 budget is £527 billion. This is a total increase of 24% within four years. Increasing your budget six percent in each of four years back-to-back is only austerity when placed against Obama Budgets. The 2008 U.K. Budget was 26% larger than the one of four years earlier. In other words, England's budget rose on a similar pace from 2005 through 2012. Hardly "austerity." When comparing by category the 2012 budget to the 2008 budget, Welfare spending increased 29%; Education 'Investments' as Obama would call it, is up by 20%; and spending on Health Care increased by 21%. Place U.K.'s....
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